QUESTION
My mortgage balance is 118,000, my HELOC is 108,000 and my home appraised at 155,000. Can I file chapter 13?
Asked on Oct 14th, 2011 on Bankruptcy - Rhode Island
1 ANSWER
Bankruptcy Attorney serving Burbank, CA
Partner at
Law Office of Mark J. Markus
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3 Awards
Sure, if those are your only debts and you have sufficient income to propose a repayment plan. You need to have a consultation with a bankruptcy attorney in your area.
Mark J. Markus, Attorney at Law
Handling exclusively bankruptcy law cases in California since 1991.
http://www.bklaw.com/
bankruptcy blog: http://bklaw.com/bankruptcy-blog/
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Answered on Oct 17th, 2011 at 9:03 PM